Middle East Market Intelligence Brief: Week Ending August 14, 2026

The US said Thursday it could sustain its naval blockade of Iran indefinitely and vowed tougher economic pressure as ceasefire talks stall and tensions around key shipping routes, including the Strait of Hormuz, intensify.

Iran, meanwhile, has tightened pressure on Hormuz, where attacks on vessels and sharply reduced traffic threaten a key global energy artery.

With talks stalled and pressure mounting over fuel prices, Washington appears increasingly focused on economic measures, while the war’s trajectory remains closely linked to Iran’s position on the Strait of Hormuz and its potential impact on global energy markets.

Below is Expana’s weekly summary of the...

Day 40 of Iran War: US, Iran Agree to Two-Week Truce as Hormuz Reopening Tied to Talks

The United States and Iran agreed to a two-week truce late Tuesday, with Tehran committing to reopen the Strait of Hormuz under temporary arrangements. The White House said Israel was also party to the truce. 

Under the ceasefire terms, Iran and Oman would coordinate shipping access and could levy transit fees on vessels passing through Hormuz, a critical artery for roughly one-fifth of global oil flows.

The reopening of the strait would free approximately 130 million barrels of crude oil...

Day 27 of Iran War: Trump Asserts Talks Underway as War Continues

The US-Israeli war on Iran shows no sign of abating, with attacks growing more intense even as US President Donald Trump asserts that peace talks are underway, a claim Tehran has denied.

Trump has asserted that Iranian leaders want a deal but fear internal backlash, and the White House has warned it is prepared to “unleash hell” if Iran refuses a resolution.

Markets continue to react. Oil prices are climbing once more amid fading hopes of de-escalation, while analysts warn the war could disrupt global...

US‑Israeli Strikes on Iran Enter Fifth Day as Shipping Companies Divert Vessels 

The United States and Israel have launched strikes against Iran for a fifth day, targeting military, government, and nuclear-related sites in and around Tehran. In response, Iran has launched retaliatory missiles and drones, striking energy infrastructure and diplomatic compounds across the Gulf.

The conflict is expanding regionally, with heightened security alerts across Gulf states and reports of damage to civilian and economic infrastructure. The Strait of Hormuz, a vital global energy chokepoint, has experienced significant disruptions threatening worldwide oil flows...